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Portugal shares lower at close of trade; PSI 20 down 0.38%

Published 23/11/2018, 17:45
© Reuters.  Portugal shares lower at close of trade; PSI 20 down 0.38%
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Investing.com – Portugal equities were lower at the close on Friday, as losses in the Basic Materials, Financials and Industrials sectors propelled shares lower.

At the close in Lisbon, the PSI 20 lost 0.38% to hit a new 52-week low.

The biggest gainers of the session on the PSI 20 were Ramada Investimentos e Industria SA (LS:RAMA), which rose 2.31% or 0.200 points to trade at 8.850 at the close. Mota Engil (LS:MOTA) added 1.74% or 0.0260 points to end at 1.5200 and Corticeira Amorim (LS:CORA) was up 1.43% or 0.130 points to 9.230 in late trade.

Biggest losers included The Navigator Company SA (LS:NVGR), which lost 3.39% or 0.1280 points to trade at 3.6440 in late trade. Altri SGPS (LS:ALSS) declined 3.08% or 0.2100 points to end at 6.6000 and Galp Energia Nom (LS:GALP) shed 2.01% or 0.2950 points to 14.4050.

Declining stocks outnumbered rising ones by 16 to 16 and 6 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for January delivery was down 4.78% or 2.99 to $59.61 a barrel. Meanwhile, Crude oil for delivery in January fell 5.95% or 3.25 to hit $51.38 a barrel, while the December Gold Futures contract fell 0.37% or 4.60 to trade at $1223.40 a troy ounce.

EUR/USD was down 0.57% to 1.1338, while EUR/GBP fell 0.06% to 0.8851.

The US Dollar Index Futures was up 0.22% at 96.800.

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